What might explain a professional baseball player having lower production the year after signing a multi-million dollar contract?

Those that believe that the recent period of slow growth will pass and that higher levels of growth can be created through conservative policies focus on

A. redistributive tax and entitlement spending. B. pro-business tax policies alone. C. both deregulation and pro-business tax policies. D. deregulation alone.

Price elasticity of demand tends to be low for goods with few close substitutes.

a. true b. false